Mohammed Mansoor Khan, promoter of I-Monetary Advisory (IMA) group of companies and the prime accused in the IMA scam, has moved the High Court of Karnataka questioning a special court’s order of confirming attachment of one of his apartments for its sale.
A division bench comprising Justice Alok Aradhe and Justice S. Vishwajith Shetty, before which the appeal came up for hearing, ordered issue of notice to the State government and the Competent Authority (CA) appointed for the IMA scam case under the Karnataka Protection of Interest of Depositors in Financial Establishments (KPIFFE) Act, 2004.
An apartment situated on Bannerghatta Road Layout in Tilaknagar, Bengaluru, which was purchased by Khan in 2014, was among several other immovable properties and the bank accounts, attachment of which was confirmed by the special court set up for KPIDFE cases in its order passed on March 7, 2022.
